Konvoy launches multiple IoT tracked keg fleets in Europe and raises capital; European expansion is building momentum.

We're commissioning the world's first fully Internet of Things (IoT) tracked keg fleet on the back of our latest $13m capital raise.

Konvoy have signed our first wave of European customers to implement our keg tracking platform, Konvoy Cloud, via our IoT keg tracking device, called Katch. This represents an important step in increasing customer awareness of the significant benefits of the technology across the United Kingdom, Europe, and the USA.

These agreements follows Konvoy Group successfully raising a further $13m of funds to fuel global expansion across its kegs, data and care platform.

Managing Director of Konvoy, Adam Trippe-Smith said the agreements, capital raising, and European expansion were all significant milestones for the company.

“This customer acceleration demonstrates the benefits of the Katch cellular tracking device, which coupled with our cloud platform reduces keg and cask losses, improves asset turns and creates real time visibility of the key conditions affecting beer quality through the supply chain.”

Adam said these were the first of a number of Katch tracking agreements being negotiated in Europe and elsewhere including Republic of Ireland, United Kingdom, France, USA, New Zealand, Finland, Sweden, Luxembourg, The Netherlands, Spain and Iceland.

“There is increasing interest from both small and large European brewers who want to use our technology to reduce capital expenditure, unlock under deployed kegs, understand on premise data and reduce labour costs through eliminating manually intensive barcode scanning and outdated tracking measures."

“European interest in Konvoy’s supply chain loT technology is particularly strong as its cloud platform can also help beverage producers measure their Scope 3 footprint; being carbon emissions created by suppliers and customers up and down the supply chain.”

Our own 130,000 keg tracking devices have reported important supply chain location, temperature, and motion data over 150 million times from 20 countries.

We're the pay-per-fill keg pooling market leader in Australia and New Zealand with big ambitions to operate globally well underway. Konvoy also continues to make meaningful market share gains in the Australian market, including significant customer wins, recently adding global brewers Lion and Asahi as keg pooling customers.

The team have recently received a prestigious Good Design Award Winner Accolade in the Product Design category in recognition for outstanding design and innovation for its Katch device. Over 900 innovative projects were evaluated by more than 70 Australian and international jurors, including designers, engineers, architects and thought leaders. In addition, the Katch device won the Connected Packaging Award at The PackHub’s inaugural Packaging Startup Awards during London Packaging Week.

The Brewers Congress, London.

The Konvoy team have just showcased our technology at The Brewers Congress in London, SEA Brew in Ho Chi Minh and look forward to many more great meetings with existing and potential customers at Brau Beviale in Nuremburg, Germany from the 28th-30th of November.

If you'd like to book some time together in Germany and know more about how we're moving beverages forward with our award winning keg and cask management solutions then please call us on:

  • Australia 1800566869
  • New Zealand: 0800 566869
  • UKE & USA: 0800 4681468

Further press contact via Christian Barden & Patrick Hanrahan.

May 20, 2024

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